Tag: shareholders

CarMax has announced cuts to hiring and stock buybacks in an effort to recoup from a devastating third quarter. The company suffered an 86% profit...

In an extreme departure from form, the holiday Tesla discount will be doubled to $7,500 in the U.S. The Tesla discount was already a rare...

After multiple hits to Tesla share prices, Twitter CEO Elon Musk has confirmed he will resign from his position at the social media platform. On...

Elon Musk is no stranger to controversy, but the scrutiny around the billionaire entrepreneur hit an all time high in the wake of an...

As analysts struggle to predict the future of the auto-retailer, Citigroup has labeled Carvana's stock as "neutral." The brand saw massive profits in 2021 as...

According to information obtained by CNBC, Twitter and Tesla CEO Elon Musk enlisted the help of executives and high-ranking employees across his companies to...

After a tumultuous year for Tesla shareholders, the automaker surprised analysts last Wednesday after Citigroup upgraded the company's share value to $174 from $141.33. Citigroup...

GM announced last Thursday it expects its EV profits to match sales of gas-powered vehicles by 2025, five years earlier than initially projected. Speaking to...

Elon Musk testified in court this Wednesday in a legal battle over his $55 billion contract with Tesla. The suit alleges that the automaker's...